Average USDC lending rates
Showing the average APRs over historical periods for USDC on Aave V3 Ethereum (incentives not included).
| Rate | 1d | 7d | 30d | 6m | 1y |
|---|---|---|---|---|---|
| Average Supply APR | 2.73% | 2.39% | 2.31% | 3.11% | 3.52% |
| Average Borrow APR | 3.93% | 3.44% | 3.35% | 4.38% | 4.83% |
Daily snapshots
Showing daily snapshots (midnight UTC) for USDC on Aave V3 Ethereum.
|
Date
|
Supplied
|
Supply APR
|
Borrowed
|
Borrow APR
|
|---|---|---|---|---|
| Apr 15, 2026 | 3.22B | 2.42% | 2.53B | 3.42% |
| Apr 14, 2026 | 3.28B | 2.34% | 2.53B | 3.36% |
| Apr 13, 2026 | 3.23B | 2.42% | 2.54B | 3.42% |
| Apr 12, 2026 | 3.22B | 2.43% | 2.54B | 3.43% |
| Apr 11, 2026 | 3.21B | 2.55% | 2.59B | 3.51% |
| Apr 10, 2026 | 3.19B | 2.57% | 2.59B | 3.52% |
| Apr 09, 2026 | 3.22B | 2.73% | 2.69B | 3.63% |
Monthly snapshots
Showing monthly snapshots (first day of month, midnight UTC) for USDC on Aave V3 Ethereum.
|
Date
|
Supplied
|
Supply APR
|
Borrowed
|
Borrow APR
|
|---|---|---|---|---|
| Apr 01, 2026 | 3.25B | 2.76% | 2.73B | 3.65% |
| Mar 01, 2026 | 3.72B | 2.10% | 2.44B | 3.56% |
| Feb 01, 2026 | 4.05B | 3.99% | 3.66B | 4.91% |
| Jan 01, 2026 | 4.73B | 3.43% | 3.78B | 4.77% |
| Dec 01, 2025 | 4.62B | 3.44% | 3.69B | 4.78% |
| Nov 01, 2025 | 5.34B | 3.60% | 4.18B | 5.11% |
| Oct 01, 2025 | 5.60B | 3.97% | 4.42B | 5.58% |
| Sep 01, 2025 | 6.14B | 4.01% | 4.87B | 5.61% |
| Aug 01, 2025 | 3.97B | 4.23% | 3.51B | 5.30% |
| Jul 01, 2025 | 2.87B | 3.73% | 2.39B | 4.98% |
| Jun 01, 2025 | 2.49B | 3.87% | 2.11B | 5.07% |
| May 01, 2025 | 2.43B | 2.80% | 1.68B | 4.51% |
Liquidity impact
Using the interest rate model to simulate the market rates in the event of a deposit, borrow, repayment or withdrawal (incentives not included).
Showing the immediate impact of deposit events for USDC on Aave V3 Ethereum.
| Action |
Supply APR
Supply APR after the deposit (change from current)
|
Borrow APR
Borrow APR after the deposit (change from current)
|
Utilization
Utilization after the deposit
|
Model
Interest rate curve showing the optimal utilization kink (92%) and the utilization after deposit (circle)
|
|---|---|---|---|---|
| current | 2.41% | 3.41% | 78.43% | |
| $100.0M deposit | 2.27% (-0.14%) | 3.31% (-0.10%) | 76.10% | |
| $250.0M deposit | 2.08% (-0.33%) | 3.17% (-0.24%) | 72.85% | |
| $500.0M deposit | 1.81% (-0.60%) | 2.96% (-0.45%) | 68.02% | |
| $1.00B deposit | 1.41% (-1.00%) | 2.61% (-0.80%) | 60.04% |
Showing the immediate impact of borrow events for USDC on Aave V3 Ethereum.
| Action |
Supply APR
Supply APR after the borrow (change from current)
|
Borrow APR
Borrow APR after the borrow (change from current)
|
Utilization
Utilization after the borrow
|
Model
Interest rate curve showing the optimal utilization kink (92%) and the utilization after borrow (circle)
|
|---|---|---|---|---|
| current | 2.41% | 3.41% | 78.43% | |
| $50.0M borrow | 2.50% (+0.09%) | 3.48% (+0.07%) | 79.96% | |
| $100.0M borrow | 2.60% (+0.19%) | 3.54% (+0.13%) | 81.49% | |
| $250.0M borrow | 2.90% (+0.49%) | 3.74% (+0.33%) | 86.08% | |
| $500.0M borrow | 5.20% (+2.80%) | 6.17% (+2.76%) | 93.73% |
Showing the immediate impact of repayment events for USDC on Aave V3 Ethereum.
| Action |
Supply APR
Supply APR after the repayment (change from current)
|
Borrow APR
Borrow APR after the repayment (change from current)
|
Utilization
Utilization after the repayment
|
Model
Interest rate curve showing the optimal utilization kink (92%) and the utilization after repayment (circle)
|
|---|---|---|---|---|
| current | 2.41% | 3.41% | 78.43% | |
| $100.0M repayment | 2.22% (-0.18%) | 3.28% (-0.13%) | 75.37% | |
| $250.0M repayment | 1.96% (-0.45%) | 3.08% (-0.33%) | 70.77% | |
| $500.0M repayment | 1.56% (-0.85%) | 2.74% (-0.67%) | 63.12% | |
| $1.00B repayment | 0.89% (-1.51%) | 2.08% (-1.33%) | 47.81% |
Showing the immediate impact of withdrawal events for USDC on Aave V3 Ethereum.
| Action |
Supply APR
Supply APR after the withdrawal (change from current)
|
Borrow APR
Borrow APR after the withdrawal (change from current)
|
Utilization
Utilization after the withdrawal
|
Model
Interest rate curve showing the optimal utilization kink (92%) and the utilization after withdrawal (circle)
|
|---|---|---|---|---|
| current | 2.41% | 3.41% | 78.43% | |
| $50.0M withdrawal | 2.48% (+0.08%) | 3.46% (+0.05%) | 79.65% | |
| $100.0M withdrawal | 2.56% (+0.15%) | 3.52% (+0.11%) | 80.90% | |
| $250.0M withdrawal | 2.82% (+0.42%) | 3.69% (+0.28%) | 84.93% | |
| $500.0M withdrawal | 3.96% (+1.55%) | 4.75% (+1.34%) | 92.60% |